LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

More terms

Annualised Rate of Return

The average annual return an investor sees over a set period of time.
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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.
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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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Account balance

The amount of money a user has stored in a financial repository.
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Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.
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Leverage

A method of trading using borrowed money that usually involves a very high level of risk.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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Formal admission

The moment new shares are officially admitted to the stock exchange and open to trading for everyone.
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